Sugar River Machine, Incorporated
$223,000 PPP Loan in South Beloit, Illinois
Loan Details
- Loan Number
- 6188217105
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $223,000
- Current Approval
- $223,000
- Forgiveness Amount
- $224,437
- Forgiveness Date
- Dec 10, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Sugar River Machine, Incorporated
- Address
- 667 Progressive Lane
- City
- South Beloit
- State
- Illinois
- ZIP Code
- 61080-2615
- Business Type
- Corporation
- Industry (NAICS)
- Wholesale Trade (423810)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 25
- Estimated Revenue
- $7.7M
- Rural/Urban
- Urban
- Congressional District
- IL-16
Loan Use Breakdown
- Payroll
- $215,178
- Rent
- $5,000
- Utilities
- $2,822
Lender Information
- Servicing Lender
- First Mid Bank & Trust, National Association
- Originating Lender
- First Mid Bank and Trust National Association
Other PPP Loans in South Beloit, IL
| Business | Approved | |
|---|---|---|
| Mid-States Concrete Industries, LLC | $3,208,125 | |
| Precision Dose, Inc. | $1,597,000 | |
| The Top Die Casting Co. | $1,104,301 | |
| The Top Die Casting Co. | $1,101,100 | |
| American Extrusion International Corporation | $899,922 |
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